Becancour Lithium Refinery Definitive Feasibility Study

WATCH:

To help investors get a better understanding of the DFS, Members of the Lithium Universe (ASX: LU7) and Hatch Engineering discuss the key changes made in the DFS, the CAPEX estimate, and the project going forward. (15min)

SUMMARY:

Lithium Universe (ASX: LU7) is excited to share the outcomes of the definitive feasibility study for the Bécancour Lithium Refinery, highlighting a positive outlook even in a challenging pricing environment. The financial modeling demonstrates the project's economic viability, with an attractive pre-tax NPV8% of approximately US$718 million, an IRR of around 21.0%, and a payback period of 3.9 years based on specific price forecasts. The project's design focuses on addressing worldwide lithium conversion challenges by leveraging proven technology and industry expertise to produce green battery-grade lithium carbonate.

We are confident in the potential of this project and invite investors to engage with us to learn more about our strategic approach and the opportunities it presents.